Are you tired of paying out the nose to pay your car insurance bill each month? You are in the same boat as the majority of other car owners.
Since consumers have many choices of insurance companies, it is hard for the average consumer to pick the lowest price company.
Locating cheaper auto insurance coverage is simple if you know the tricks. Essentially every vehicle owner who shops for auto insurance should be able to lower their premiums. But vehicle owners do need to understand the way insurance companies sell insurance online because it can help you find the best coverage.
Insuring your vehicles can cost a lot, but discounts can save money and there are some available that can drop the cost substantially. Larger premium reductions will be automatically applied when you quote, but a few need to be asked for before being credited.
It’s important to understand that many deductions do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like comp or med pay. So despite the fact that it appears adding up those discounts means a free policy, you won’t be that lucky. But any discount will reduce the amount you have to pay.
Insurance companies who might offer these benefits include:
It’s a good idea to ask each company what discounts are available to you. All car insurance discounts might not apply in your area.
Performing a rate comparison can take time and effort if you don’t know the easiest way. You can waste a few hours (or days) driving to insurance companies in your area, or you could use the web for quick rates.
Many insurance companies belong to an insurance system where prospective buyers enter their policy data once, and each participating company then returns a price quote based on that data. This system prevents you from having to do quote forms for each company.
To get comparison pricing now click here (opens in new window).
The only drawback to using this type of system is you are unable to specify the insurers you will receive quotes from. If you prefer to choose specific providers to compare rates, we have assembled a list of companies who write insurance coverage in your area. Click here for list of insurance companies.
It’s your choice how you get your quotes, but make sure you use identical coverages and limits with every price quote. If your comparisons have different limits and deductibles on each one it will be next to impossible to decipher which rate is best. Quoting even small variations in coverages could mean much higher rates. And when comparison shopping, quoting more will enable you to find the best rates.
When choosing the right insurance coverage, there is no perfect coverage plan. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions could help you determine whether you will benefit from professional help.
If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.
GEICO, State Farm and Progressive consistently run television and radio advertisements. All the companies make an identical promise of big savings if you change your coverage to them. How do they all make the same claim?
All the different companies have a preferred profile for the driver they prefer to insure. An example of a preferred risk might be profiled as over the age of 50, has no tickets, and drives less than 7,500 miles a year. Any driver who fits that profile gets the lowest rates and as a result will probably cut their rates substantially.
Drivers who don’t measure up to these standards must pay higher prices which leads to business not being written. The ad wording is “drivers who switch” not “everybody who quotes” save that much. That’s the way companies can truthfully advertise the way they do.
This illustrates why you need to get a wide range of price quotes. Because you never know which insurance companies will provide you with the cheapest Nissan Versa insurance rates.
Learning about specific coverages of auto insurance aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. These are the usual coverages available from auto insurance companies.
This coverage pays for damage to your Versa from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims such as sustaining damage from a pot hole, sideswiping another vehicle, scraping a guard rail, damaging your car on a curb and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2008 Nissan Versa.
Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Liability insurance will cover damage that occurs to other’s property or people that is your fault. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Another option is one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage pays for things like emergency aid, structural damage, court costs, loss of income and medical expenses. How much coverage you buy is your choice, but buy as high a limit as you can afford.
Comprehensive auto coverage
Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like falling objects, hail damage, damage from flooding and damage from a tornado or hurricane. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP kick in for expenses for ambulance fees, X-ray expenses, prosthetic devices and dental work. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state and may carry a deductible
You just read many tips how you can get a better price on 2008 Nissan Versa insurance. The key concept to understand is the more rate quotes you have, the better likelihood of reducing your rate. You may be surprised to find that the biggest savings come from some of the smallest insurance companies. Regional companies may often insure only within specific states and give getter rates than their larger competitors like Allstate and Progressive.
Budget-conscious insurance can be found online in addition to many insurance agents, so you should be comparing quotes from both to have the best rate selection. A few companies do not provide the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.